Forex Trend Analysis Report
Prepared for you on Friday, December 4, 2020.
Colombian Peso/Argentine Peso (FOREX:COPARS)
Long-Term Uptrend (+90) - COPARS is in a strong uptrend that is likely to continue. While COPARS is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid COPARS?
MarketClub looks at technical strength and momentum to determine if the timing is right for COPARS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for COPARS
The long-term trend has been UP since May 28th, 2020 at 0.01835105
The intermediate-term trend has been UP since Oct 19th, 2020 at 0.02019069
The short-term trend has been UP since Nov 4th, 2020 at 0.02047309
Smart Scan Analysis for COPARS
Based on our trend formula, COPARS is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).